NtaCCUL Sets Record With 6% Interest Rates On Savings As Membership Surges.

 

Cross Section Of NTACCUL's Members At The AGM 

By Anne-Vallien Berinyuy 

Ntarinkon Cooperative Credit Union Limited (NtaCCUL) has established itself as the top Cooperative Credit Union in Cameroon and beyond. During their Annual General Assembly Meeting at Bamenda Municipal Stadium on March 1, 2026, it was announced that in 2025, NtaCCUL paid interest on savings totaling 4,250,059,334 FCFA.

NtaCCUL's President, Bar. Akumah Bih Miranda, stated,

 "Like in previous years, we have planned to pay 6% interest in 2026, amounting to 4,520,612,311 FCFA."

The appealing 6% interest on savings helped boost membership from 104,107 members in 2024 to 117,213 members in 2025, adding 13,106 new members in a single year.


NtaCCUL's Board Of Directors President, Bar. Akumah Bih Miranda Facing The Press

She also mentioned that the USSD and online app launched in 2024, and GIMAC cards are now available.

 "Members can easily apply for GIMAC cards at any branch, allowing them to withdraw money from any bank or microfinance institution in the CEMAC region," 

Bih Miranda explained.

To assist members with these services, specialized centers have been set up in all branches to help with the app, USSD platform, and GIMAC card purchases.

Looking ahead, NtaCCUL plans to open more branches, buy eight ATM machines, and build a three-story building in Bertoua. Security is a priority, with personnel stationed at all branches and security cameras installed after four branches were attacked.

Bar. Akumah Bih Miranda Of NtaCCUL

Other achievements in 2025 include the official opening of the Limbe and Ngoundere branches, which began operating in 2024. These branches significantly increased their membership and business. Additionally, a new branch in Bonamoussadi-Douala opened on February 25, 2026. 

The Buea branch has been completely renovated, and NtaCCUL is set to launch GIMAC cards soon, along with other accomplishments.

Comments

Post a Comment

Popular posts from this blog

Chaos In Santa: Chief's Bodyguards Assault Journalist Akumbom Elvis

Image
  Akumbom Elvis Being Treated After Attack By Raymond Dingana  Journalist Akumbom Elvis McCarthy, a paralegal, was attacked by bodyguards of a sub-chief in Meforbe Quarter, Santa Sub-Division, Mezam Division, North West Region, Cameroon. The incident occurred on Saturday, November 15th 2025, at a funeral ceremony for McCarthy's brother's father-in-law, Pa Forsuh. During the ceremony, the chief was about to deliver a speech, and everyone was asked to stand as a sign of respect.  " I stood up up but ill health could not permit me stand for long reason why I had to regain my seat,"  said Akumbom. He added that "One of the chief's guards, Fonjindam Edwin Muluh, a councilor of the Santa council, approached me and demanded i be on my feet . Despite my explanations as to why I couldn't stand, Fonjindam responded arrogantly and called for another guard, Awah Tayong, who pulled me from my seat and pushed me out of the ceremonial ground." McCarthy said he resi...
Read more

Anglophone Crisis: Sama Hilda's Killing, What Really Happened

Image
Lt. Sama Hilda  By Raymond Dingana Sama Hilda, business woman, and a mother of two was kidnapped near her Mile 6 residence on Tuesday, September 24, just one day after a two-week lockdown imposed by non-state armed groups seeking to reclaim what they claim is the lost sovereignty of a country they call Ambazonia. According to investigations conducted by a team of Drayinfos reporters, Sama Hilda maintained communication with her husband and other family members while in captivity. The armed men opened these communication channels, demanding a ransom of over 2 million FCFA. Sources revealed that raising such an amount was a daunting task, given the hardships faced by the population in this crisis battered region. According to Michael, (not his real name), Hilda was in constant communication with her husband not knowing the conversation they had was going to be their last. "The last time her husband spoke with her was Wednesday morning. She assured him everything was going to be okay...
Read more

NDZAH Chieftaincy Crisis: Administrative Involvement Or A People's Tradition In Peril?

Image
Fon Akotohm III The ongoing chieftaincy crisis in Ndzah, Bamenda III Subdivision, has raised questions about the role of the administration and the future of traditional governance in the North West Region. Following the disappearance of His Royal Highness Fon Victor Ngwa Akotohm II on October 30, 2019, and the subsequent enthronement of Marius Mbomchom Akotohm as Fon Akotohm III on November 6, 2019, the community initially celebrated a seamless succession. However, discord soon erupted, plunging the village into a protracted conflict that persists to this day. This Thursday, November 21, 2024, the Divisional Officer (DO) for Bamenda III plans to hold consultative talks in Ndzah (Banja), ostensibly to address the chieftaincy dispute. Yet, questions linger: Is this an attempt to resolve the conflict, or is the administration exploiting the chaos to erode indigenous rights and install a politically favorable leader?    Five Years of Talks, No Resolution Over the past five years,...
Read more

Popular posts from this blog

Bamenda: Man Drinks Acid After Pouring It On Wife

Image
  Ebai Elias When He Was Alive  Raymond Dingana Shock and consternation have grabbed inhabitants of Alahlieh, a neighborhood in Nkwen, Bamenda III council area after what many have described as a reminiscent of Romeo and Juliet unfolded  there on Saturday October 12,2024. A road side fuel dealer by name Ebai Elias drank what sources say was acid after pouring it on his wife, a lady reports say is a lecturer at the University of Bamenda. The woman is currently in critical condition at a healthcare facility in Bamenda haven suffered severe burns from the chemical substance. We learned that he poured the chemical on his wife, prompting her loud screams that alerted neighbors.  By the time the neighbors arrived, Ebai had already consumed the chemical, and collapsed to the floor before they could intervene. The event has left the entire neighborhood in shock ,with many residents questioning what might have driven Elias to carry out such an act. In a video recorded at the ...
Read more

Anglophone Crisis: Sama Hilda's Killing, What Really Happened

Image
Lt. Sama Hilda  By Raymond Dingana Sama Hilda, business woman, and a mother of two was kidnapped near her Mile 6 residence on Tuesday, September 24, just one day after a two-week lockdown imposed by non-state armed groups seeking to reclaim what they claim is the lost sovereignty of a country they call Ambazonia. According to investigations conducted by a team of Drayinfos reporters, Sama Hilda maintained communication with her husband and other family members while in captivity. The armed men opened these communication channels, demanding a ransom of over 2 million FCFA. Sources revealed that raising such an amount was a daunting task, given the hardships faced by the population in this crisis battered region. According to Michael, (not his real name), Hilda was in constant communication with her husband not knowing the conversation they had was going to be their last. "The last time her husband spoke with her was Wednesday morning. She assured him everything was going to be okay...
Read more

Nollywood Star, Sylvester Madu's Visit To Bamenda Triggers Blood Flow

Image
  Sylvester Madu After The Incident   By Raymond Dingana Several persons have been confirmed dead and many others seriously wounded after gunmen opened fire at a popular drinking spot at the Mile 3 neighborhood in the crisis battered Bamenda in the North West Region of Cameroon. The wounded were rushed to the Nkwen District Hospital in the Bamenda III Council area other hospitals around after the incident.  Reports say the incident that happened on Saturday at about 1opm in Nkwen breaking Sunday November 25 is said to have been triggered by by the presence of popular Nigerian Movie Star, Sylvester Madu, AKA Shina Rambo in a snack bar in that area. " This is not the time to visit Bamenda. We are at war, and you are coming here to act a movie?" narrates a witness who said he could hear the armed men shouting. Amongst those confirmed dead is 18 year old Sandra, a secondary school student in Bamenda. "She went out with friends to see the Nigerian actor, Madu not knowing she ...
Read more